SEC Form 4 · accession 0001225208-16-037549
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Califano
Director
Period of report
Aug 3, 2016
Accepted (ET)
Aug 5, 2016 · 5:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CBS Class B common stock | Aug 3, 2016 | M | 5,093 | $31.17 | A | 63,067 | D | |
| CBS Class B common stockF1 | Aug 3, 2016 | S | 5,093 | $52.2581 | D | 57,974 | D | |
| CBS Class B common stockF2 | holding | — | — | — | 927 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy)F3,F4 | $31.17 | Aug 3, 2016 | M | 5,093 | D | — | Jan 31, 2017 | CBS Class B common stock | 5,093 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.2564 to $52.26 inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
- F3Right to buy under Issuer's stock option plan for outside directors.
- F4Current.